$1,068 Closing Credit*
$89,900
1,550 SqFt
2 Beds
•1 Full Bath, 1 Partial
Sherri Delost, Listing Office: Jim Maloof Realty, Inc.
Is Cuba, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cuba has remained a Seller's Market.
Key Takeaway
Cuba is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cuba, IL
How much do homes in Cuba, IL cost?
Median Sold Price
$285,000
$78/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$147,000(+106.5%)
Key Takeaway
Homes in Cuba have sold for 106.5% more than they did a month ago.
Summary: The median home sold price in Cuba was $285,000 in November 2024, up 106.5% from last month, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $20K | - | N/A |
| 3 Bedrooms | $196K | $420K | +114.3% |
| 4 Bedrooms | - | $150K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cuba housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 114.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cuba | $138K | $285K | +106.5% |
| Putman Township | $196K | $285K | +45.4% |
Housing Supply in Cuba, IL
How many homes are available in Cuba, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Summary: The Cuba real estate market had 6 homes for sale in November 2024, a 40.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 7 | 2 | -71.4% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cuba housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 71.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cuba, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Cuba in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Cuba, IL
How long does it take to sell a home in Cuba, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 14 Days | -83.0% |
Summary: Homes in Cuba had an average of 14 days on market in Nov 2024, down by 83% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cuba are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Cuba; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.